Recently Funded: $2,500,000, Quick Close Bridge Loan, Eagle County, Colorado

Our borrower needed to finish construction on a luxury residential property that he planned to sell. The construction loan was maturing, but the borrower wanted to wait until winter to sell at the height of ski season. The bank was not willing to offer an extension.

BEP was able to provide a $2,500,000 bridge loan to pay off the construction lender and provide cash out sufficient to complete construction.  And we were able to fund the loan in 3 weeks.

Quick close bridge loans can be a challenge. It comes down to eliminating as many variables as possible. That’s why you need a team of experts who can get the deal over the finish line on time. To learn more about our quick close program, see our post BEP Quick Close Bridge Loans in the News.